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It is the second largest economy in the world in nominal terms, after the United States, and the third largest at purchasing power parity (PPP), after China and the US. The European Union's GDP is estimated to be $19.40 trillion (nominal) in 2024 [7] or $28.04 trillion (PPP), representing around one-sixth of the global economy. [28]
The Euro summit (also referred to as the eurozone summit or euro area summit) is the meeting of the heads of state or government of the member states of the eurozone (those EU states which have adopted the euro). It is distinct from the EU summit held regularly by the European Council, the meeting of all EU leaders.
The key macroeconomic data in the eurozone countries are: General government net debt / Percent of GDP; General government net lending/borrowing / Percent of GDP;
The euro zone's second biggest economy France saw quarterly growth of 0.7% in the fourth quarter and a 5.4% year-on-year expansion while third biggest Italy grew 0.6% on the quarter and 6.4% on ...
In a note published Monday, Morgan Stanley said it had now lowered its 2022 euro area GDP forecast to 2.7% from 3% previously and shaved 1 percentage point off its 2023 growth forecasts to 1.3% ...
This is a list of European Union regions (NUTS2 regions) sorted by their gross domestic product (GDP). Eurostat calculates the GDP based on the information provided by national statistics institutes affiliated to Eurostat. The list presents statistics for 2022 from Eurostat, as of 20 February 2024.
This is a list of European nations sorted by their gross domestic product (GDP), the value of all final goods and services produced within a nation in a given year. The GDP dollar estimates presented here are derived from purchasing power parity (PPP) calculations for the latest years recorded in The World Factbook .
[5] [6] There he dealt mainly with the economic situation and unemployment issues; [7] The economic outlook in the European Union today is better than one year ago, not least as a result of our determined action. The recovery is gathering pace, albeit unevenly within the Union. Growth this year will be higher than initially forecast.